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Transactions for the month of June were: Purchases Sales June 1 (balance) 3180 $3.30 8820 @ 3.20 4900 @ 3.40 7180 @ 3.50 1960@ 3.60

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Transactions for the month of June were: Purchases Sales June 1 (balance) 3180 $3.30 8820 @ 3.20 4900 @ 3.40 7180 @ 3.50 1960@ 3.60 June 2 2350 $5.40 6 63805.40 9 3920 5.40 10 1540 @ 8.00 18 5610 @ 8.00 760 @ 8.00 7 15 25 Assuming that periodic inventory records are kept in units only, the ending inventory on a LIFO basis is O $18632 $17854 O $18084 O $19376

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